Indonesia's Kawasan Industri Jababeka Secured the Backing of Creditors to Exchange ... - Latest Tweet by Bloomberg

Indonesia’s Kawasan Industri Jababeka secured the backing of creditors to exchange nearly 90% of its $300 million of debt due in 2023 for new bonds, a step S&P Global Ratings had characterized as “tantamount to a default” https://t.co/GZWs7viIks— Bloomberg (@business) December 9, 2022

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